Palos Heights Office Space

Palos Heights

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,510
As of: August 21, 2017

Palos Heights Rates

The typical asking rate per listing is in the $10's per square foot per year. The Palos Heights submarket is going through a a rise in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Compared to the rest of the Chicagoland market, the Palos Heights submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Palos Heights Listing Supply

In the last 90 days, 4 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 125% of the listings in the Palos Heights are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,850 sqft. Most buildings in this market are around 1 stories. Most buildings in this area were built in 1973 and are Class B.

Palos Heights Community

Market Report

Trends and status of the commercial real estate market in Palos Heights.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Palos Heights.
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